Framingham MA-based IDC Research Inc., reports that smartphone shipment crossed the 30 million mark in India for the first time ever in the third quarter of Calendar Year 2016, maintaining a healthy traction with 11 percent year-on-year growth, and a 17.5 percentage growth over the previous quarter. Market Share by...
Apple Records $1 Billion in Sales in India
Economic Times reports that Apple crossed the $1 billion sales mark in its India operations for the first time per results filed with the Registrar of Companies. The company has more than doubled sales in India in the last two years, having posted a revenue of $500 million (Rs 3,057.79...
India: Next Hot Stop for Smartphone Makers
“India presents the world's largest smartphone growth potential for the next 5 years,” Mark Li, senior analyst at Bernstein Research said in a report titled India: The Next China for Smartphones? India is the world's third largest smartphone market behind China. In the next 5 years it is projected to...
Apple to Expand Stores in India
Apple, the Cupertino, California-based electronics maker plans 500 'iOS' stores in India, in its first major push that will include moving into smaller towns and cities. The company has been in the country since 2011, but its phones have not gained as much popularity as its Korean rival Samsung that...